European Union Gazettes EC Decision on Protocol to AEOI-CRS Agreement With Monaco

The European Union Official Gazette Oct. 17 published European Council (EC) Decision No. 2025/2125, authorizing the signing of a protocol to the agreement with Monaco on the automatic exchange of information (AEOI) on financial accounts under the OECD common reporting standard (CRS), signed July 12, 2016. The decision includes measures: 1) incorporating changes to the CRS, and reflecting Council Directive 2023/2226/EU on administrative cooperation (DAC8), from Jan. 1, 2026; 2) expanding the CRS to electronic money products and central bank digital currencies; 3) replacing Council Directive 95/46/EU on data protection with the General Data Protection Regulation 2016/679/EU (GDR) for natural ...